3 Bedroom
2 Bathroom
1318 sqft
Central Air Conditioning
Forced Air
$489,900
Investor’s opportunity at 169 Drummond Street in Brantford! This semi-detached 2-storey has been retrofitted and zoned as a legal duplex (2007), offering two fully self-contained units with separate water and electricity meters. The main-level unit features 2 bedrooms, a large kitchen, 4-piece bathroom, and living room. The upper-level unit has been completely renovated (2023) and includes 1 bedroom, 4-piece bathroom and an open-concept kitchen/living area with a new fridge and stove (2025). With the list price reflecting a 7.6% cap rate, this property delivers immediate cash flow potential. Investors will appreciate major updates already completed: roof (2016), furnace (2021), central air (2022) and roof over addition (2022). A smart thermostat (2021) add to its tenant appeal and efficiency. Whether fully rented, owner-occupied with a mortgage-helper, or added to an existing portfolio, this versatile property checks all the boxes for today’s investors. Located in a central Brantford neighbourhood with consistent rental demand, 169 Drummond Street is a turnkey opportunity to secure strong returns in a in a high-demand Brantford rental market. (id:51992)
Property Details
MLS® Number
|
40768323 |
Property Type
|
Multi-family |
Amenities Near By
|
Park, Place Of Worship, Public Transit, Schools, Shopping |
Parking Space Total
|
2 |
Structure
|
Porch |
Building
Bathroom Total
|
2 |
Bedrooms Total
|
3 |
Basement Development
|
Unfinished |
Basement Type
|
Partial (unfinished) |
Construction Material
|
Concrete Block, Concrete Walls |
Cooling Type
|
Central Air Conditioning |
Exterior Finish
|
Concrete |
Foundation Type
|
Block |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
2 |
Size Interior
|
1318 Sqft |
Type
|
Duplex |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Fence Type
|
Fence |
Land Amenities
|
Park, Place Of Worship, Public Transit, Schools, Shopping |
Sewer
|
Municipal Sewage System |
Size Depth
|
82 Ft |
Size Frontage
|
34 Ft |
Size Total Text
|
Under 1/2 Acre |
Zoning Description
|
Rc |